Description: Table of Contents

Description: This is Mr. Hilary L. Seal's response letter to Editor Arnold F. Shapiro in regards to the 1983.1 ARCH's document on number of deaths observed in a mortality study.

Description: Actuarial literature in the twenty-five years includes discussions of a well known inequality. Among the recent papers on various aspects of this classic result are those by Berin 1970, Olson 1975 and Sarason 1960. A standard method for achieving this inequality uses Jensen's inequality. This is the method used by Bowers, et al 1983. We will also employ this method in an attempt to learn about it.

Description: This is the speech given by Kenneth W. Stewart, FSA, FCIA, MAAA, to the 25th Annual Actuarial Research Conference. The speech focuses on the following global trends: 1. Population aging, 2. The spread of affluence, 3. The rise of technology, 4. Global competition, and, 5. The fungibility factor, e.g., in our brave new future world, a Scottish customer will go to his local bank branch to buy life insurance from his German insurer. From Actuarial Research Clearing House 1991, Vol. 1.

Description: This article describes the primary goal of the Actuarial Research Clearing House [ARCH], its editorial policy and the proicedure for submitting manuscripts. From Actuarial Research Clearing House, 1991 Vol. 2.

Description: This paper presents a generalization of the principal current methods of financial decision making. In the way physical sciences benefit from new general theories that encompass those theories they succeed, the science of finance can benefit from the development of a general framework that encompasses many of the current methods of financial analysis. The paper develops a general framework for financial decision-making from a few simple axioms of rational economic behavior.

Description: This is a recommendation for SOA scientific publications including the types of papers, schedules and governance of each.

Description: This is the abstract of a paper that summarizes of the curriculum and other features of the university actuarial science programs in North America. The report, includes most schools listed by the SOA as offering actuarial science courses including substantially all of the Course 150 material. This summary was prepared by the author for the SOA Career Encouragement Committee and is being presented at this Actuarial Research Conference to share the information with faculty involved with actuarial education in North America. From Actuarial Research Clearing House 1996, Vol. 1.

Description: This note is labeled actuarial because it deals extensively with the force of interest, a concept which is characteristically of concern to the actuarial community. The authors’ personal point of view is that we should modify the basic definition of the compound interest.

Description: This is a letter to readers of The Actuary from Arnold Dicke and Walter Lowrie to solicit opinions on the problem which seems to crop up each time an examination is to be set.